Digital Printing Market Size To Reach USD 27.2 Billion By 2026

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BANGALORE from India, July 20, 2020 / PRNewswire / – The boom in online media has caused fierce competition for operators in print-related industries over the past decade. Despite this trend, the digital printing industry has seen growth.

The global digital printing market size is expected to reach $ 27.2 billion by 2026, from $ 20.9 billion in 2019, at a CAGR of 3.8% in 2021-2026.

As the market for commercial printers has declined, they have increasingly embraced digital printing techniques rather than more conventional printing press operations. Digital printing services reduce operating costs and allow operators to provide greater flexibility to customers. As a result, the revenues of the digital printing industry have increased.

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DIGITAL PRINTING MARKET SIZE

Growing flexibility, low cost per device, and emerging technology are expected to help the industry grow amid impending digitization for conventional print service providers.

In addition, the growth in the size of the digital printing market is driven by the advancement of the packaging and textile industries.

Conventional printing methods cannot meet the current demands of the fashion industry, and printers are forced to research new methods to satisfy the consumer without increasing the cost. Inkjet printing technology, originally developed for printing on paper, is now increasingly used in the fabric printing industry as it meets the demand of the textile market. This adoption by the textile and fashion industry is expected to increase the growth of the digital printing market.

The industry is experiencing a growing demand for premium packaging materials from various industries that manufacture cosmetics, alcoholic beverages, and household products. This, in turn, will propel the growth in the size of the global digital printing market.

The high upfront costs of digital printing are a constraint on the growth of the digital printing industry. These costs included the purchase price and installation costs, maintenance and support costs, as well as ink and other consumables.

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DIGITAL PRINTING MARKET SHARE

Laser printheads are expected to hold the largest size in the digital printing market during the forecast period. The key factor in the growth of Laser Printer is the increasing demand for advanced printing technologies to improve productivity and performance.

The APAC market is expected to grow at the highest rate between 2017 and 2023. In addition, APAC is the market leader in the textile printing industry. China and India are the main suppliers of textiles with the largest number of textile printing manufacturers.

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DIGITAL PRINTING MARKET SEGMENTATION

Digital Printing Breakdown Data by Type

  • Aqueous
  • Solvent
  • UV-curable
  • Latex
  • Dye sublimation.

Digital Printing Breakdown Data by Application

  • Films or plastic films
  • Release liner
  • Glass
  • Textile
  • Paper
  • Ceramic.

Key companies:

  • Hewlett packard
  • Cannon
  • Ricoh Company, Ltd.
  • Mimaki Engineering.
  • RoLAnd Dg Corporation
  • Xerox Company
  • Seiko Epson Corporation
  • Durst Phototechnik AG
  • Electronics for imaging
  • Inca Digital Printers Limited
  • Others.

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SIMILAR REPORTS:

● Digital Textile Printing Market Report

The major factors driving the growth of digital textile printing market include increasing demand for sustainable printing, increasing demand for digital textile printing in garment and advertising industries, shortening the duration life and faster adaptability of fashion designs, the development of new technologies in the textile industry, and a reduced unit cost of printing with digital printers.

See the full report: https://reports.valuates.com/market-reports/QYRE-Auto-5W427/global-united-states-european-union-and-china-digital-textile-printing

● Digital Packaging Printing Market Report

See the full report: https://reports.valuates.com/market-reports/QYRE-Auto-26E1693/global-digital-packaging-printing

● Digital Textile Printing Machine Market Report

The global digital textile printing machine market is valued at $ 173.2 million in 2020 should reach $ 259.9 million by the end of 2026.

The main market players are Durst, Electronics for Imaging (EFI), Konica Minolta, Kornit Digital, Mimaki, ROQ International, Sawgrass Technologies, Seiko Epson, SPG, M&R impressions, etc.

See the full report: https://reports.valuates.com/market-reports/QYRE-Auto-8N1505/global-digital-textile-printing-machine

● Online Commercial Printing Market Report

The size of the Online Commercial Printing market is expected to grow rapidly during the forecast period owing to the increasing adoption of digital printing, hybrid printing, and advancement in communication network infrastructure.

Major Regions Covered By The Online Commercial Printing Market Report are North America, Europe, China, Japan, South East Asia, India, and central & South America, etc. The report includes market size by country and region for the period 2015-2026. It also includes the market size and forecast by application type and segment in terms of revenue for 2015-2026.

See the full report: https://reports.valuates.com/market-reports/QYRE-Auto-11G1200/global-commercial-online-printing

● Aqueous Packaging Printing Market Report

This report studies the Aqueous Packaging Printing market size (value & volume) by players, regions, product types and end industries, historical data 2013-2017 and forecast data 2018-2025.

The Aqueous Packaging Printing market report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and barriers to entry, sales channels, distributors and Porter’s five forces analysis.

See the full report: https://reports.valuates.com/market-reports/QYRE-Othe-0N267/aqueous-packaging-printing

● UV Curing Packaging Printing Market Report

See the full report: https://reports.valuates.com/market-reports/QYRE-Othe-0K268/uv-curable-packaging-printing

● Thermal Dye Sublimation Printer Market Report

See the full report: https://reports.valuates.com/market-reports/QYRE-Auto-0D1970/global-dye-sublimation-printer

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